Economy moving ahead despite recession fears in reports
Washington continues to push the view that no recession is in sight as the Carter administration cites a stronger than expected fourth quarter GNP growth of 6.1 percent and a 5.9 percent unemployment rate in December with projections around 6.2 percent for 1979 and 1980. Inflation remains a concern and critics push spending cuts and credit tightening.
MENTIONED IN THIS ARTICLE
Michael Doan
Associated Press
Washington
Carter
Com
Merce Juanita Kreps
Arthur Okun
Alan Greenspan
Kreps
Philip M. Crane
Ilinois
James A. McClure
Idaho
Indictments name 23 Big Spring residents in loan fraud case
A 30 month federal probe culminated in two sealed indictments naming 23 present or former Big Spring residents accused of obtaining blank W-2 forms and inflating income tax returns to cash out with pawn shops or lenders. Seventeen arrested, bonds set from 1 000 to 50 000, arraignments scheduled in Lubbock.
MENTIONED IN THIS ARTICLE
Lubbock, Texas
Big Spring
U.S
Roger McRoberts
McRoberts
Abilene
Wichita Falls
Lubbock
Columbia
Bill Brister
Halbert Woodward
Internal Revenue Service
J.C. Woodard
James W. Brown
Luann Hatfield
Danya J. Broyles
Jennie Dee Nix
Terri McCartney
Brenda Jo Ramsey Sanders
Dolly McNew
Nathan H. Baker
Cathy Glass
Douglas W. Smith
West Texas men held on smuggling charges in Pecos court
West Texas residents Jose de la Cruz Valdez Rios from Presidio and Simon Natividad Bernal of Midland appeared before U. S. Magistrate J.M. Preston in Pecos on U.S. Customs smuggling charges. Valdez Rios faces 194 hides, Bernal 58 hides. Bond set at 15000 dollars each, with custody to Reeves County Facility pending counsel.
MENTIONED IN THIS ARTICLE
West Texas
Midland
Presidio
U.S
J.M. Preston
Pecos
United States
Rio Grande
Jose de la Cruz Valdez-Rios
Pre
Valdez-Rios
Candelaria
Bernal
Preston
Reeves County
Pecos Sees Warm January Day With Weekend Cooling Outlook
In Pecos yesterday a high of 73 and a low of 41 this morning were reported under overcast skies. The forecast calls for fair and cooler weather tonight and Saturday, with partly cloudy skies today. Highs mid-50s north to low 70s Big Bend, and lows from mid-20s north to near 40 south.
MENTIONED IN THIS ARTICLE
Pecos
Big Bend
Farm caravan heads to Washington to push farm prices
A 400-vehicle tractor caravan from the American Agriculture movement neared Fort Smith Arkansas but halted about 30 miles short and camped near Vian Oklahoma for the night. The group plans to continue toward Washington DC to join other tractors on February 2 in a parity protest for higher farm prices.
MENTIONED IN THIS ARTICLE
Vian, Okla
American Agriculture Movement
Fort Smith
Ark
Hamilton Sports
Vian
U.S. 64
Washington, D.C
Pecos Girl Wins Big Bend District Sweetheart 1979
Sondra Stumberg daughter of Mrs Mildred Stumberg and Steve Stumberg Alpine was chosen Big Bend District Sweetheart 1979 at Alpine. She beat seven other contestants and will compete for the Area Sweetheart title in Sweetwater this April.
MENTIONED IN THIS ARTICLE
Sondra Stumberg
Big Bend
Future Farmers of America
Miss Stumberg
Sweetwater
Robert Hinojos
Alpine
Mildred Stumberg
Wyoming
Steve Stumberg
Stumberg
FFA
Cecil Gentry
Traan
Bena Stickles
Pecos
Davis murder trial judge mulls early jury testing in case
In Houston AP report Judge Wallace Moore said he may test the 26 jurors to gauge deliberation divisions in the Cullen Davis capital murder conspiracy trial. Jurors, now in their 21st hour, may deliberate Sat and Sun if needed. verdicts on Sunday are not allowed by state law.
MENTIONED IN THIS ARTICLE
Associated Press
Houston
Wallace
Pete’’ Moore
Cullen Davis
Moore
Phil Burleson
Davis
$500000 Bank Robbery Hits Kerrville in Texas Hill Country
State, local and federal officers pursue two black men in blue ski masks after a $500,000 heist at First National Bank of Kerrville. They forced assistant vice president and cashier Bob Ridgaway to open the vault and fled with mostly fifty and hundred dollar bills.
MENTIONED IN THIS ARTICLE
Kerrville
Texas
Hill Country
Bank of Kerrville
Bob Ridgaway
Also Mentioned on This Page
Sidio
Simon Natividad Bernal
U.S. Customs
Bill Collette
Reeves County Sheriff's Posse
Debra Powell
Oklahoma
Dena Matis
Jack Strickland
Richard
Haynes
Steve Sumner
FBI
David McCrory